AMERICAN TOWER CORP NEW AMT
COM · REIT · CUSIP 03027X100 · ISIN US03027X1000
American communications infrastructure company
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersBoston, MA
- Founded1995
- Websiteamericantower.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($346.5m this quarter). Holder counts are more reliable. Shares outstanding: 466.0m as of 2023-04-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $188.14. Options: 42 managers hold calls ($639.4m notional), 35 hold puts ($568.4m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,692 |
| Q4 2022 | 1,708 |
| Q1 2023 | 1,703 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 765 | 779 |
| Q1 2023 | 868 | 702 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $885.9m | $376.3m | 0.42 |
| Q4 2022 | $706.2m | $620.9m | 0.88 |
| Q1 2023 | $639.4m | $568.4m | 0.89 |
Biggest buyers
| FMR LLC | Added | +4.0m |
| CIBC Private Wealth Group LLC | Added | +2.0m |
| ClearBridge Investments Ltd | Added | +952.6k |
| Invesco Ltd. | Added | +939.1k |
| D. E. Shaw & Co., Inc. | Added | +842.4k |
| JPMORGAN CHASE & CO | Added | +738.7k |
| Sarasin & Partners LLP | Added | +698.4k |
| Resolution Capital Ltd | New | +571.4k |
| Nan Shan Life Insurance Co., Ltd. | Added | +416.5k |
| EDGEWOOD MANAGEMENT LLC | Added | +410.9k |
Biggest sellers
| COHEN & STEERS, INC. | Reduced | -3.2m |
| Cottage Street Advisors LLC | Reduced | -1.5m |
| STATE STREET CORP | Reduced | -993.2k |
| Artisan Partners Limited Partnership | Reduced | -787.6k |
| JANUS HENDERSON GROUP PLC | Reduced | -653.6k |
| CITADEL ADVISORS LLC | Reduced | -555.7k |
| NATIXIS | Reduced | -509.1k |
| Alphinity Investment Management Pty Ltd | Reduced | -471.5k |
| Bahl & Gaynor LLC | Reduced | -413.1k |
| BARCLAYS PLC | Reduced | -379.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $141.9m694.2k shares |
| Twin Tree Management, LP | Added | $86.0m421.1k shares |
| JANE STREET GROUP, LLC | Added | $80.0m391.4k shares |
| CITADEL ADVISORS LLC | Reduced | $62.0m303.5k shares |
| SIMPLEX TRADING, LLC | Added | $32.1m156.9k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $31.3m153.3k shares |
| D. E. Shaw & Co., Inc. | Reduced | $21.2m103.8k shares |
| Laurion Capital Management LP | Reduced | $20.2m99.0k shares |
| JPMORGAN CHASE & CO | Added | $19.3m94.6k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $17.0m83.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $141.6m693.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $90.5m442.7k shares |
| Laurion Capital Management LP | Reduced | $61.9m302.9k shares |
| SIMPLEX TRADING, LLC | Added | $32.5m159.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $30.7m150.0k shares |
| D. E. Shaw & Co., Inc. | Added | $27.1m132.4k shares |
| Parallax Volatility Advisers, L.P. | Added | $26.4m129.1k shares |
| JANE STREET GROUP, LLC | Reduced | $23.3m113.9k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $19.2m94.2k shares |
| UBS Group AG | Reduced | $17.7m86.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 9.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $1.2m | — |
| Q1 2022 | 1 | $1.0k | 3 | $2.7m | — |
| Q2 2022 | 1 | $2.2k | 2 | $7.0m | — |
| Q3 2022 | 0 | — | 1 | $76.1k | — |
| Q4 2022 | 1 | $986 | 5 | $8.7m | — |
| Q1 2023 | 1 | $1.2k | 3 | $4.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-02-27 | DOLAN RAYMOND P Director | Sold | $2.0m10.0k shares |
| 2023-02-06 | THOMPSON SAMME L Director | Sold | $380.1k1.7k shares |
| 2023-02-02 | Goel Sanjay EVP & President, Asia-Pacific | Bought | $1.2k5 shares |
| 2023-01-17 | DOLAN RAYMOND P Director | Sold | $378.7k1.6k shares |
| 2023-01-17 | Smith Rodney M EVP, CFO & Treasurer | Sold | $368.2k1.6k shares |
| 2023-01-13 | DOLAN RAYMOND P Director | Sold | $371.4k1.6k shares |
| 2023-01-09 | Smith Rodney M EVP, CFO & Treasurer | Sold | $449.4k2.0k shares |
| 2023-01-03 | THOMPSON SAMME L Director | Sold | $321.0k1.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.32% of their portfolio | 61.7m $12.6bn | Added +226.6k |
| OFI INVEST ASSET MANAGEMENT 0.94% of their portfolio | 37.2m $182.0k | First filing |
| BlackRock Inc. 0.22% of their portfolio | 35.6m $7.3bn | Reduced -264.6k |
| STATE STREET CORP 0.23% of their portfolio | 20.3m $4.2bn | Reduced -993.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.54% of their portfolio | 13.5m $2.7bn | Added +213.8k |
| FMR LLC 0.12% of their portfolio | 12.7m $2.6bn | Added +4.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.26% of their portfolio | 9.7m $2.0bn | Added +131.9k |
| MORGAN STANLEY 0.16% of their portfolio | 7.5m $1.5bn | Added +283.5k |
| DEUTSCHE BANK AG\ 0.83% of their portfolio | 7.3m $1.5bn | Added +284.5k |
| AKRE CAPITAL MANAGEMENT LLC 12.60% of their portfolio | 7.0m $1.4bn | Added +5.3k |
| GOLDMAN SACHS GROUP INC 0.38% of their portfolio | 6.8m $1.4bn | Added +256.5k |
| PRINCIPAL FINANCIAL GROUP INC 1.00% of their portfolio | 6.8m $1.4bn | Added +72.1k |
| COHEN & STEERS, INC. 3.01% of their portfolio | 6.8m $1.4bn | Reduced -3.2m |
| DIMENSIONAL FUND ADVISORS LP 0.44% of their portfolio | 6.3m $1.3bn | Added +152.1k |
| EDGEWOOD MANAGEMENT LLC 3.77% of their portfolio | 5.8m $1.2bn | Added +410.9k |
| NORTHERN TRUST CORP 0.23% of their portfolio | 5.7m $1.2bn | Reduced -167.3k |
| Invesco Ltd. 0.30% of their portfolio | 5.3m $1.1bn | Added +939.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.36% of their portfolio | 5.2m $1.1bn | Added +120.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.16% of their portfolio | 5.2m $1.1bn | Added +309.0k |
| JENNISON ASSOCIATES LLC 0.96% of their portfolio | 5.1m $1.0bn | Reduced -180.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.30% of their portfolio | 4.8m $990.2m | Added +98.2k |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 4.7m $962.8m | Reduced -249.2k |
| Legal & General Group Plc 0.34% of their portfolio | 4.6m $943.1m | Added +63.3k |
| WELLS FARGO & COMPANY/MN 0.29% of their portfolio | 4.6m $938.1m | Added +147.5k |
| ALLIANCEBERNSTEIN L.P. 0.39% of their portfolio | 4.5m $910.7m | Added +403.1k |
| NORGES BANK 0.20% of their portfolio | 4.4m $905.4m | Reduced -329.6k |
| Nuveen Asset Management, LLC 0.31% of their portfolio | 4.1m $833.7m | Reduced -194.4k |
| Bank of New York Mellon Corp 0.18% of their portfolio | 4.0m $818.9m | Reduced -322.0k |
| CIBC Private Wealth Group LLC 0.88% of their portfolio | 3.9m $791.7m | Added +2.0m |
| BROWN ADVISORY INC 1.11% of their portfolio | 3.2m $655.0m | Added +225.5k |
| JANUS HENDERSON GROUP PLC 0.41% of their portfolio | 3.0m $615.4m | Reduced -653.6k |
| Capital Research Global Investors 0.17% of their portfolio | 3.0m $605.1m | Added +186.5k |
| Capital World Investors 0.12% of their portfolio | 2.9m $596.9m | Added +211.4k |
| AMERIPRISE FINANCIAL INC 0.18% of their portfolio | 2.7m $559.3m | Reduced -98.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.27% of their portfolio | 2.7m $557.4m | Reduced -22.1k |
| Clearbridge Investments, LLC 0.53% of their portfolio | 2.7m $552.0m | Added +226.0k |
| UBS Group AG 0.25% of their portfolio | 2.7m $545.2m | Added +44.2k |
| PUTNAM INVESTMENTS LLC 0.85% of their portfolio | 2.6m $531.2m | Reduced -270.6k |
| 1832 Asset Management L.P. 1.01% of their portfolio | 2.4m $490.5m | Added +146.9k |
| Amundi 0.24% of their portfolio | 2.2m $452.9m | Reduced -135.3k |
| PARNASSUS INVESTMENTS, LLC 1.07% of their portfolio | 2.1m $431.3m | Added +172.6k |
| NEUBERGER BERMAN GROUP LLC 0.37% of their portfolio | 1.9m $396.2m | Added +15.4k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 1.9m $391.1m | Added +738.7k |
| PUBLIC INVESTMENT FUND 1.09% of their portfolio | 1.9m $386.8m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.22% of their portfolio | 1.9m $386.2m | Reduced -90.3k |
| Swiss National Bank 0.26% of their portfolio | 1.8m $377.6m | Reduced -44.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.91% of their portfolio | 1.8m $372.1m | Reduced -129.7k |
| Cantillon Capital Management LLC 2.93% of their portfolio | 1.8m $360.1m | Reduced -30.1k |
| AMERICAN CENTURY COMPANIES INC 0.27% of their portfolio | 1.7m $343.3m | Reduced -249.7k |
| California Public Employees Retirement System 0.29% of their portfolio | 1.6m $326.3m | Reduced -137.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.50% of their portfolio | 1.6m $318.3m | Added +38.0k |
| ClearBridge Investments Ltd 9.74% of their portfolio | 1.5m $308.3m | Added +952.6k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 3.50% of their portfolio | 1.5m $305.0m | Added +6.1k |
| Capital International Investors 0.08% of their portfolio | 1.4m $295.9m | Added +23.4k |
| Magellan Asset Management Ltd 2.49% of their portfolio | 1.4m $292.0m | Added +28.8k |
| Aberdeen Group plc 0.73% of their portfolio | 1.4m $290.2m | Added +98.0k |
| BESSEMER GROUP INC 0.69% of their portfolio | 1.4m $289.4m | Reduced -142.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.21% of their portfolio | 1.4m $280.7m | Reduced -172.9k |
| C WorldWide Group Holding A/S 3.74% of their portfolio | 1.3m $273.2m | Reduced -149.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.29% of their portfolio | 1.3m $269.4m | Added +82.3k |
| RAYMOND JAMES & ASSOCIATES 0.23% of their portfolio | 1.3m $262.8m | Added +45.1k |
| Sarasin & Partners LLP 1.63% of their portfolio | 1.3m $302.4m | Added +698.4k |
| US BANCORP \DE\ 0.42% of their portfolio | 1.2m $251.4m | Added +11.1k |
| CREDIT SUISSE AG/ 0.25% of their portfolio | 1.2m $248.9m | Added +63.7k |
| Fisher Asset Management, LLC 0.15% of their portfolio | 1.2m $242.9m | Added +27.7k |
| APG Asset Management N.V. 0.43% of their portfolio | 1.1m $203.0m | Reduced -12.0k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 1.1m $215.4m | Reduced -54.6k |
| M&G INVESTMENT MANAGEMENT LTD 1.51% of their portfolio | 1.1m $214.8m | Added +209.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio | 1.0m $205.1m | Added +25.6k |
| RHUMBLINE ADVISERS 0.25% of their portfolio | 993.6k $203.0m | Added +2.4k |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 3.49% of their portfolio | 969.8k $198.2m | Added +53.2k |
| AustralianSuper Pty Ltd 1.25% of their portfolio | 891.6k $182.2m | Added +104.0k |
| DigitalBridge Group, Inc. 22.36% of their portfolio | 877.8k $179.4m | Added +260.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.62% of their portfolio | 870.6k $177.9m | Added +75.8k |
| D. E. Shaw & Co., Inc. 0.29% of their portfolio | 869.2k $177.6m | Added +842.4k |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 865.0k $176.7m | Reduced -23.5k |
| BARCLAYS PLC 0.18% of their portfolio | 848.3k $173.3m | Reduced -379.8k |
| Ensign Peak Advisors, Inc 0.37% of their portfolio | 844.9k $172.7m | Added +8.8k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 2.02% of their portfolio | 816.0k $166.7m | Added +146.5k |
| FIRST MANHATTAN CO. LLC. 0.64% of their portfolio | 812.0k $165.9m | Added +15.9k |
| Liontrust Investment Partners LLP 2.38% of their portfolio | 794.7k $162.4m | Added +67.8k |
| DAVENPORT & Co LLC 1.27% of their portfolio | 790.0k $160.7m | Reduced -17.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.24% of their portfolio | 787.7k $161.0m | Reduced -7.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.21% of their portfolio | 773.2k $158.0m | Reduced -43.6k |
| PRUDENTIAL FINANCIAL INC 0.24% of their portfolio | 746.5k $152.5m | Added +178.4k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 740.3k $151.3m | Reduced -35.0k |
| TCW GROUP INC 1.93% of their portfolio | 738.5k $150.9m | Reduced -63.6k |
| ALKEON CAPITAL MANAGEMENT LLC 0.95% of their portfolio | 725.8k $148.3m | Reduced -123.5k |
| National Pension Service 0.26% of their portfolio | 722.9k $145.4m | Added +18.6k |
| BLAIR WILLIAM & CO/IL 0.58% of their portfolio | 711.2k $145.3m | Reduced -2.5k |
| SEI INVESTMENTS CO 0.26% of their portfolio | 693.9k $141.8m | Reduced -26.7k |
| Korea Investment CORP 0.41% of their portfolio | 692.3k $141.5m | Added +27.3k |
| Heard Capital LLC 11.63% of their portfolio | 684.1k $139.8m | Added +279.8k |
| CITIGROUP INC 0.18% of their portfolio | 670.8k $137.1m | Added +126.5k |
| CITADEL ADVISORS LLC 0.15% of their portfolio | 670.3k $137.0m | Reduced -555.7k |
| HSBC HOLDINGS PLC 0.17% of their portfolio | 666.6k $136.1m | Reduced -126.5k |
| LORD, ABBETT & CO. LLC 0.25% of their portfolio | 665.0k $135.9m | Reduced -3.8k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 1.16% of their portfolio | 663.4k $135.6m | Added +54.8k |
| CANADA LIFE ASSURANCE Co 0.33% of their portfolio | 657.2k $134.4m | Added +35.2k |
| STOREBRAND ASSET MANAGEMENT AS 0.66% of their portfolio | 639.5k $130.7m | Added +60.5k |